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Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.
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The deal would address President Trump's most urgent political problem by allowing ships to move again. But it would give Iran strategic leverage it did not have before the war.
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President Donald Trump told reporters the U.S. continues to hold talks with Iran to reach a new peace deal focused on reopening the Strait of Hormuz and Tehran's nuclear program.
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Iran said on Monday there are no talks underway with the United States and no plans for any meetings, contradicting U.S. President Donald Trump, who had cited talks he said would take place that afternoon as justification for calling off attacks.
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